About Sadhav
Sadhav is a publicly listed company based in Mumbai (India) founded in 1992. Marine logistics, engineering, and ship repair services in India. It operates in the Aerospace, Defense & Maritime and Transportation, Automotive & Logistics sectors. Its Indian entity Sadhav Shipping Limited reported revenue of ₹98.58 Cr. Sadhav offers products and services including Offshore Logistics and Dry Docking. Its focus areas include Maritime and Logistics, Engineering, Ship Repair and Dry Docking.
Company details
Sadhav is identified as a significant entity in the Indian marine logistics and engineering industry, having been founded in 1992 to deliver services in offshore logistics, dry dock infrastructure, and oil spill response. Operations are expanded through group companies that handle vessel management, port services, and coastal logistics, serving defense, oil and gas sectors. A strong team and assets ensure client needs are met reliably, with key projects like oil spill facilities and naval training infrastructure being completed. Focus is placed on quality and timely delivery in maritime works.
- Market Cap₹176 Cr
SADHAV-SM · NSE
- Share Price₹109.50
+0.46% today
- Revenue₹97.55 Cr
FY 2025-26 · +0.7% YoY
- EBITDA₹24.79 Cr
Margin 25.4%
- Net Profit₹14.71 Cr
FY 2025-26 · +24.1% YoY
- P/E (TTM)12.2x
P/B 1.8x
Associated legal entities of Sadhav
Sadhav is associated with 2 registered companies on The Company Check; the primary company is Sadhav Shipping Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sadhav Shipping Limited Listed CIN L35100MH1996PLC101909 | Active | 16 Aug 1996 | Mumbai, Maharashtra | ₹98.6 Cr | 163 | 11 | View details |
| Sadhav Shipping Ltd CIN U35100MH1996PLC101909 | 16 Aug 1996 | Mumbai, Maharashtra, India | View details |
Products & Services of Sadhav
Sadhav offers a comprehensive portfolio of products and services, including Offshore Logistics and Dry Docking.
Offshore logistics services are offered for maritime and oil operations, including vessel management and support.
Dry docking and ship repair services are provided for commercial, defense, and offshore sectors.
Apps and channels of Sadhav
its YouTube channel Sadhav Group has 158 subscribers and 12 videos.
Videos from Sadhav
The most watched videos on Sadhav's YouTube channel, Sadhav Group (158 subscribers). Click a video to play it here.
More on Sadhav Group.
Board of directors of Sadhav Shipping Limited (Sadhav)
Sadhav Shipping Limited is the primary company behind Sadhav. The board of Sadhav Shipping Limited currently have 8 directors; the longest-serving is Kamal Kant Biswanath Choudhury, appointed in 1996. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kamal Kant Biswanath Choudhury DIN 00249338 | Managing Director | 16 Aug 1996 | 30 yrs 2 mo | Sadhav Shipping Limited |
| Sadhana Choudhury DIN 00249442 | Whole-time director | 10 Feb 1999 | 27 yrs 8 mo | Sadhav Shipping Limited |
| Subhas Chandra Choudhury DIN 01174235 | Director | 26 Sep 2008 | 18 yrs | Sadhav Shipping Limited |
| Vedant Kamalkant Choudhury DIN 07694884 | Whole-time director | 27 May 2017 | 9 yrs 4 mo | Sadhav Shipping Limited |
| Kairali Gopi Nath DIN 11219576 | Director | 20 Aug 2025 | 1 yr 2 mo | Sadhav Shipping Limited |
| Bibekananda Satapathy DIN 11106812 | Director | 20 Aug 2025 | 1 yr 2 mo | Sadhav Shipping Limited |
| Rajiv Raghunath Pradhan DIN 00015356 | Director | 09 Feb 2026 | 8 mo | Sadhav Shipping Limited |
| Satish Sharad Athaley DIN 11513309 | Director | 09 Feb 2026 | 8 mo | Sadhav Shipping Limited |
IPO & Listings of Sadhav
Sadhav is a publicly listed company on the NSE with ticker symbol SADHAV in India, operating in the Shipping sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onNSE: SADHAV
- Listed entitySadhav Shipping Limited
- Exchange sectorShipping
Financials of Sadhav
Exchange-reported figures of Sadhav Shipping Limited, the listed company behind Sadhav (NSE: SADHAV-SM).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 97.55 | 96.86 | 84.25 | 77.81 | 69.55 | 60.57 |
| Revenue growth | +0.7% | +15.0% | +8.3% | +11.9% | +14.8% | - |
| EBITDA | 24.79 | 31.28 | 21.52 | 17.31 | 12.22 | 12.36 |
| EBITDA margin | +25.4% | +32.3% | +25.5% | +22.3% | +17.6% | +20.4% |
| Profit before tax | 10.66 | 17.42 | 12.18 | 9.88 | 4.23 | 4.58 |
| Net profit | 14.71 | 11.85 | 9.30 | 7.17 | 3.01 | 3.31 |
| Net profit margin | +15.1% | +12.2% | +11.0% | +9.2% | +4.3% | +5.5% |
| EPS (₹) | 9.13 | 8.19 | 6.37 | 26.26 | 10.19 | 11.20 |
| Balance sheet | ||||||
| Total assets | - | 211 | 156 | 97.04 | 55.87 | 49.82 |
| Net worth | - | 99.47 | 88.01 | 40.94 | 35.03 | 32.05 |
| Total debt | - | 110 | 67.03 | 55.28 | 20.83 | 17.76 |
| Cash & bank | - | 9.75 | 6.98 | 4.90 | 3.25 | 2.39 |
| Net working capital | - | 17.31 | 25.68 | 9.63 | 13.41 | 12.72 |
| Cash flow | ||||||
| Cash from operations | - | 54.75 | (6.37) | 20.99 | 11.49 | 11.89 |
| Cash from investing | - | (88.36) | (37.11) | (49.98) | (11.59) | (0.29) |
| Cash from financing | - | 36.38 | 45.56 | 30.63 | 0.95 | (11.54) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|
| Revenue | 31.23 | 34.34 | 28.23 | 15.83 | 17.86 |
| Other income | 0.34 | 0.54 | 0.18 | 0.16 | 0.00 |
| Total expenses | 23.57 | 27.47 | 22.54 | 11.20 | 12.89 |
| EBITDA | 7.66 | 6.87 | 5.69 | 4.63 | 4.97 |
| EBITDA margin | +24.5% | +20.0% | +20.2% | +29.2% | +27.8% |
| Depreciation | 2.22 | 1.99 | 2.22 | 1.07 | 1.07 |
| Interest | 1.54 | 1.90 | 2.00 | 1.12 | 1.06 |
| Profit before tax | 4.24 | 3.52 | 1.65 | 2.60 | 2.84 |
| Tax | 0.85 | 0.36 | (5.76) | 0.65 | 0.72 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|
| Revenue | 31.23 | 34.34 | 28.23 | 15.83 | 17.86 |
| Other income | 0.34 | 0.54 | 0.18 | 0.16 | 0.00 |
| Total expenses | 23.57 | 27.47 | 22.54 | 11.20 | 12.89 |
| EBITDA | 7.66 | 6.87 | 5.69 | 4.63 | 4.97 |
| EBITDA margin | +24.5% | +20.0% | +20.2% | +29.2% | +27.8% |
| Depreciation | 2.22 | 1.99 | 2.22 | 1.07 | 1.07 |
| Interest | 1.54 | 1.90 | 2.00 | 1.12 | 1.06 |
| Profit before tax | 4.24 | 3.52 | 1.65 | 2.60 | 2.84 |
| Tax | 0.85 | 0.36 | (5.76) | 0.65 | 0.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 97.55 | 96.86 | 84.25 | 77.81 | 69.55 | 60.57 |
| Revenue growth | +0.7% | +15.0% | +8.3% | +11.9% | +14.8% | - |
| Other income | 1.03 | 0.58 | 0.46 | 1.10 | 0.23 | 0.67 |
| Total expenses | 72.76 | 65.58 | 62.73 | 60.50 | 57.33 | 48.21 |
| Employee cost | 0.00 | 14.98 | 14.57 | 16.89 | 13.68 | 11.54 |
| EBITDA | 24.79 | 31.28 | 21.52 | 17.31 | 12.22 | 12.36 |
| EBITDA margin | +25.4% | +32.3% | +25.5% | +22.3% | +17.6% | +20.4% |
| Depreciation | 8.39 | 7.47 | 4.38 | 4.37 | 5.93 | 6.29 |
| Interest | 6.77 | 6.97 | 5.42 | 4.16 | 2.29 | 2.16 |
| Profit before tax | 10.66 | 17.42 | 12.18 | 9.88 | 4.23 | 4.58 |
| Tax | (4.05) | 5.66 | 3.02 | 2.14 | 1.22 | 1.27 |
| Net profit | 14.71 | 11.85 | 9.30 | 7.17 | 3.01 | 3.31 |
| Net profit margin | +15.1% | +12.2% | +11.0% | +9.2% | +4.3% | +5.5% |
| EPS (₹) | 9.13 | 8.19 | 6.37 | 26.26 | 10.19 | 11.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | - | 14.35 | 14.35 | 2.95 | 2.95 | 2.95 |
| Reserves & surplus | - | 85.12 | 73.66 | 37.99 | 32.08 | 29.10 |
| Shareholders' funds (net worth) | - | 99.47 | 88.01 | 40.94 | 35.03 | 32.05 |
| Secured loans | - | 95.82 | 54.83 | 36.26 | 16.45 | 14.77 |
| Unsecured loans | - | 14.48 | 12.20 | 19.02 | 4.38 | 2.99 |
| Total debt | - | 110 | 67.03 | 55.28 | 20.83 | 17.76 |
| Total liabilities | - | 211 | 156 | 97.04 | 55.87 | 49.82 |
| Assets | ||||||
| Gross block | - | 273 | 137 | 128 | 100 | 91.29 |
| Net block | - | 202 | 73.40 | 68.90 | 45.27 | 40.25 |
| Capital work in progress | - | 3.06 | 51.26 | 22.98 | 1.00 | 0.35 |
| Investments | - | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Inventories | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | - | 13.65 | 11.10 | 8.83 | 8.92 | 10.48 |
| Cash & bank balances | - | 9.75 | 6.98 | 4.90 | 3.25 | 2.39 |
| Loans & advances | - | 22.65 | 24.49 | 9.96 | 10.65 | 7.68 |
| Total current assets | - | 46.05 | 42.57 | 23.69 | 22.82 | 20.55 |
| Total current liabilities | - | 28.74 | 16.89 | 14.06 | 9.41 | 7.83 |
| Net working capital | - | 17.31 | 25.68 | 9.63 | 13.41 | 12.72 |
| Total assets | - | 211 | 156 | 97.04 | 55.87 | 49.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | - | 6.98 | 4.90 | 3.25 | 2.39 | 2.33 |
| Net cash from operating activities | - | 54.75 | (6.37) | 20.99 | 11.49 | 11.89 |
| Net cash from investing activities | - | (88.36) | (37.11) | (49.98) | (11.59) | (0.29) |
| Net cash from financing activities | - | 36.38 | 45.56 | 30.63 | 0.95 | (11.54) |
| Net change in cash | - | 2.77 | 2.08 | 1.65 | 0.86 | 0.06 |
| Closing cash | - | 9.75 | 6.98 | 4.90 | 3.25 | 2.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +0.7% | +15.0% | +8.3% | +11.9% | +14.8% | - |
| EBITDA growth | -20.8% | +45.4% | +24.3% | +41.7% | -1.1% | - |
| PBT growth | -38.8% | +43.0% | +23.3% | +133.6% | -7.6% | +9997.0% |
| Net income growth | +24.1% | +27.4% | +29.7% | +138.2% | -9.1% | - |
| Revenue CAGR (3Y) | +7.8% | +11.7% | +11.6% | - | - | - |
| EBITDA CAGR (3Y) | +12.7% | +36.8% | +20.3% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +15.1% | +12.1% | +10.9% | +10.0% | +4.3% | +5.5% |
| Return on capital employed | - | +13.3% | +13.9% | +18.4% | +12.3% | +13.5% |
| Return on net worth | - | +12.5% | +14.2% | +20.4% | +9.0% | +10.3% |
| Debt / equity | - | 0.95 | 0.95 | 1.00 | 0.58 | 0.55 |
| Long-term debt / equity | - | 0.85 | 0.71 | 0.57 | 0.26 | 0.23 |
| Interest cover | 41.28 | 29.27 | 31.62 | 32.15 | 36.41 | 35.58 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 0.47 | 0.64 | 0.68 | 0.73 | 0.66 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 7.83 | 8.45 | 8.77 | 7.17 | 5.78 |
| EPS (₹) | 9.13 | 8.19 | 6.37 | 26.26 | 10.19 | 11.20 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 69.30 | 61.32 | 138.68 | 118.66 | 108.57 |
Top companies in Ship Repair & Lifecycle Services
2 companies that operate in the same segment as Sadhav (Ship Repair & Lifecycle Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Shipbuilding services for the defense industry are provided. | 1997 | Mumbai, Maharashtra, India | USD 25.87 M | 54 | ||
Deck machinery, portable steel bridges, and marine pumps are manufactured. | 1934 | Kolkata, West Bengal, India | USD 746.29 M | 1,690 |
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Frequently Asked Questions about Sadhav
Sadhav was founded in 1992.
Sadhav is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Sadhav, Sadhav Shipping Limited, reported revenue of ₹98.58 Cr for FY 2026, up 1% year on year.
Sadhav is identified as a significant entity in the Indian marine logistics and engineering industry, having been founded in 1992 to deliver services in offshore logistics, dry dock infrastructure, and oil spill response. Operations are expanded through group companies that handle vessel management, port services, and coastal logistics, serving defense, oil and gas sectors. A strong team and assets ensure client needs are met reliably, with key projects like oil spill facilities and naval training infrastructure being completed. Focus is placed on quality and timely delivery in maritime works.
Sadhav offers Offshore Logistics and Dry Docking.
Yes, Sadhav is publicly traded on NSE under the ticker symbol SADHAV.
Sadhav operates through Sadhav Shipping Limited.
The legal entities of Sadhav currently have 10 directors, including Kamal Kant Biswanath Choudhury, Sadhana Choudhury, Subhas Chandra Choudhury and others.